The typical asking rate per listing is in the $10's per square foot per year. The North Mountain submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 4% rise in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the North Mountain region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 221 listings have been listed, so you'll want to check back regularly for new listings. About 55% of the available leases in the North Mountain are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,030 sqft. Most properties in this area are close to 2 stories. Most buildings in this region were built in 1983 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by car is the most popular way to get to work amongst North Mountain occupants. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.